Sphere Cash Flow Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-17,001	-11,264	-3,349
Depreciation & Amortization	1,105	1,363	1,143
Loss (Gain) From Sale of Assets	198.71	-13.51	-8.13
Asset Writedown & Restructuring Costs	1,312	-	-
Loss (Gain) From Sale of Investments	181.49	423.99	-1.87
Stock-Based Compensation	-	4.14	34.72
Provision & Write-off of Bad Debts	-57.43	57.67	-0.89
Other Operating Activities	7,516	1,573	-2,651
Change in Accounts Receivable	1,062	-806.02	-450.77
Change in Inventory	-1,419	-176.04	-15.88
Change in Accounts Payable	530.18	-23.35	-3.08
Change in Unearned Revenue	8.03	-14.55	7.47
Change in Other Net Operating Assets	777.9	-1,398	175.01
Operating Cash Flow	-5,786	-10,274	-5,120
Capital Expenditures	-520.36	-282.18	-182.33
Sale of Property, Plant & Equipment	307.14	62.33	114.73
Cash Acquisitions	-	-4,750	-
Sale (Purchase) of Intangibles	-16.9	-28.58	-11.46
Investment in Securities	-3,753	11,402	-10,996
Other Investing Activities	793.33	220.82	136.19
Investing Cash Flow	-3,690	6,724	-10,939
Short-Term Debt Issued	2,310	-	-
Long-Term Debt Issued	14,892	-	-
Total Debt Issued	17,202	-	-
Short-Term Debt Repaid	-100	-	-100
Long-Term Debt Repaid	-6,243	-9,384	-907.68
Total Debt Repaid	-6,343	-9,384	-1,008
Net Debt Issued (Repaid)	10,859	-9,384	-1,008
Issuance of Common Stock	12,627	10,713	499.41
Other Financing Activities	-0	-	-
Financing Cash Flow	23,487	1,329	-508.26
Foreign Exchange Rate Adjustments	-0.52	-0.02	-
Miscellaneous Cash Flow Adjustments	-15.28	-	-0
Net Cash Flow	13,994	-2,222	-16,567
Free Cash Flow	-6,307	-10,557	-5,302
Free Cash Flow Margin	-246.57%	-639.22%	-188.09%
Free Cash Flow Per Share	-360.45	-1005.76	-520.18
Cash Interest Paid	102.17	15.93	6.89
Cash Income Tax Paid	-70.06	70.41	8.59
Levered Free Cash Flow	-7,905	-11,994	-
Unlevered Free Cash Flow	-7,577	-10,951	-
Change in Net Working Capital	4,040	6,335	-

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.